Serbia, EBRD Lends EUR 43 mil to Modernize Cargo’s Rail Fleet
, NewsThe European Bank for Reconstruction and Development is stepping up its support for Serbia’s rail sector by extending a EUR 43 million loan to Serbia Cargo to finance its freight fleet modernization, it said in a statement.
The Serbian state-owned rail cargo company will use the funds to replace obsolete rolling stock, buy new locomotives and freight wagons, and overhaul existing wagons.
The investment will allow the company to improve the quality and volume of its freight services and encourage the greater use of rail transport over the currently dominant road, BBJ writes.
LATEST NEWS
- May 11, 2023 Mining Industry, Science and Communications, bridging the gaps
- May 11, 2023 Communicating Energy, new tech industries communications
- May 9, 2023 Serbia economy briefing: Transformation of “Elektroprivreda Srbija”
- April 24, 2023 Without sustainable mining, there is no renewable future
- March 25, 2023 Europe revives mining to reduce dependence on the import of key raw materials, the advantages of Serbia as materials supplier
- March 8, 2023 Calcium Carbonate Industry, Reshaping the Market Growth, Serbian supplier to match European industrial demand
- February 28, 2023 Serbian exploitation miner Belkalhan could become EU primary supplier of Graphite critical raw material
- February 28, 2023 Calcite/calcium carbonate premium quality supplier from Serbia opening supply contracts for 24,25, pharmaceutical/chemical/food processing industry opportunity for JV
- February 16, 2023 Serbian Belkalhan calcite & graphite mining developer invites JV partners for joint critical raw materials exploitation
- February 15, 2023 Petroprocess to modernize EPS power plant CEMS system with state of the art equipment
- June 9, 2023 20 years of Microsoft in Serbia
- June 9, 2023 What does the withdrawal of the Draft Law on Business Companies mean for Serbia?
- June 9, 2023 Serbia, Returning inflation to a downward trajectory is a priority
